Thursday, 18th April 2024
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Lamido Yuguda

25 Jan
Worried about the lull in securities issuance, especially in the primary market, the Nigeria Employers' Consultative Association (NECA), in partnership with the Securities and Exchange Commission (SEC), has committed to grow and deepen participation in the capital market.
11 Dec
The Securities and Exchange Commission (SEC) has affirmed that an active collaboration between the government and market participants would enhance growth and facilitate economic development.
7 Dec
The Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, said the Islamic finance segment of the financial industry reached an estimated $2.9 billion as at the end of 2022 with outstanding Sukuk accounting for 57 per cent of the amount.
15 Nov
The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market.
17 Oct 2023
The Securities and Exchange Commission (SEC) has said the value of state bonds issued and registered by the commission from 1978 to 2022 has risen from N20 million to N1.13 trillion in the debt capital market.
29 Aug 2023
Shareholders have lamented the rising unclaimed dividends in the capital market currently put at N190 billion, stating that unless the parties involved in the processing of the claims adopt robust technology infrastructure that would enable investors to process their unclaimed dividend at the comfort of their homes, the menace may not be eliminated in the capital market.
29 Aug 2023
Chairman of the Bank Directors Association of Nigeria (BDAN) and Chairman of Fidelity Bank Plc, Mustafa Chike-Obi, has advised bankers to assist the current administration in achieving its goals and objectives towards building a better Nigeria. Chike-Obi also charged bankers to adopt financial technology, artificial intelligence (AI), while staying up to date with information on…
26 Aug 2023
The Securities and Exchange Commission (SEC) announced that the unclaimed dividend figure has risen to N190 billion from N170 billion recorded as at December 2020.
25 Aug 2023
The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Mr Lamido Yuguda, the Director-General of SEC, said this at the second post-Capital Market Committee (CMC) media briefing in Abuja on Friday. He said the figure increased due to issues concerning identity management…
12 Jul 2023
The West African Capital Markets Integration (WACMI), has announced a minimum capital standard of $500,000 for broker/dealers that intends to trade across the West African region.
30 Jun 2023
NGX Regulation Limited (NGX RegCo) has restated its commitment to ensure that the nation’s capital market remains fair, transparent and orderly, thriving on timely information.
8 Jun 2023
The Securities and Exchange Commission (SEC) said it is partnering the Standard Organisation of Nigeria (SON) to develop standards that would make the nation's agricultural commodities more acceptable in the international market and generate foreign exchange (forex).

Latest

28 mins ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
32 mins ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
34 mins ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
1 hour ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
1 hour ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…
1 hour ago
Landmark Group said the Lagos State government is yet to consult it on the Lagos-Calabar coastal road construction and beach sand filling. Landmark made this disclosure in a statement on Thursday and said the issue of the Lagos-Calabar coastal road passing through Landmark Beach remains a topic of wide-reaching discourse. The Group said it wants…
2 hours ago
The General Officer Commanding (GOC), 82 Division, Nigerian Army, Maj-Gen. Hassan Dada, has expressed concern about the high number of weapons in unauthorized hands in Nigeria.
2 hours ago
The National Chairman of All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has secured an exparte injunction restraining further action on his purported suspension as member of the party. In an exparte motion granted by Federal high Court in Kano, Wednesday, Justice A. U Liman ordered the purported suspension of Ganduje as member of the…
4 hours ago
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State governor Yahaya Bello wanted. The EFCC is prosecuting Bello over an allege money laundering of N80.2billion. The former governor was absent in court earlier today when the EFCC arraigned him. Bello’s arraignment is coming on the heels of a warrant of arrest…
4 hours ago
President Bola Tinubu has approved system-wide policies to comprehensively overhaul the education sector to improve learning and skill development, increase enrolment, and ensure the academic security of the nation's children. The approved policies are captured as DOTS, an acronym representing: Data Repository, Out-of-School Children Education, Teacher Training & Development, and Skill Development & Acquisition. According…